Binance "Futures trading temporarily suspended…updates will be announced"

Source
Minseung Kang

Summary

  • Binance officially announced that an futures trading service outage occurred.
  • All futures trading was temporarily suspended, but a dedicated team immediately took action to resolve the issue.
  • Some media noted that Binance futures trading may have already resumed.

Global virtual asset (cryptocurrency) exchange Binance said an outage occurred in its futures trading service.

On the 29th (local time), Binance said on its official X (formerly Twitter), "An issue affecting UM(USDⓈ-Margined) futures trading has occurred," adding, "Currently all futures trading is temporarily suspended."

It added, "A dedicated team has immediately taken action to resolve the issue," and "new updates will be shared through official channels."

Meanwhile, from 15:39 on the day, Binance's futures prices appeared to be displayed normally. Crypto-focused media Odaily reported that "Binance futures trading may have already resumed."

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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